EU and all about leaving it.
Prices are going up because we are going out of the Europeon Union (EU). The EU is formed with a group of country's : Belgium, France, Germany, Italy, Luxembourg and the Netherlands signed up to the EEC. Britain, Ireland and Denmark joined in the first wave of expansion in 1973. http://www.bbc.co.uk/guides/zgjwtyc. If we leave the EU then we won't be able to trade with a number of countries, therefore up on all the morgages, cars, food, drinks and heating are just a small number of the things that prices will be increased on. The European Union is set up with the aim of ending the frequent and bloody wars between neighbours, which began in the Second World War. What is your opinion on leaving the EU?
Finance and what is it?
Finance is a large amount of money., usually owned by large companies or the goverment. Right now we're on the blink of the financial crisis. A financial crisis occurred in 2007-2008 because we failed to sustain the financial system’s creation of private credit and money.
- A rapid string of selloffs can further result in lower asset prices or more savings withdrawals.
- A financial crisis can occur if institutions or assets are overvalued